Russian trade with Iraq in the 1st quarter of 2016

by Russian Foreign Trade
based on data from the Federal Customs Service of Russia

The Report on Russia's foreign trade in goods with Iraq in the first quarter of 2016: exports, imports, products, dynamics.

Russia's Trade with Iraq

In the 1st quarter of 2016, Russia's trade with Iraq was $276,591,755, down 68.86% ($611,587,010) from the 1st quarter of 2015.

Russia's exports to Iraq in the 1st quarter of 2016 were $276,591,755, down 68.86% ($611,579,363) from the 1st quarter of 2015.

Russia's imports from Iraq in the 1st quarter of 2016 were $0, down 100.00% ($7,647) from the 1st quarter of 2015.

Russia's trade surplus with Iraq in the 1st quarter of 2016 was $276,591,755, a 68.86% decrease ($611,571,716) over the 1st quarter of 2015.

Iraq was Russia's 54th largest trading partner in the 1st quarter of 2016 (down from 30th in the 1st quarter of 2015), accounting for 0.2843% of Russia's total trade (down from 0.6713% in the 1st quarter of 2015).

Iraq was Russia's 41st largest export market in the 1st quarter of 2016 (down from 20th in the 1st quarter of 2015), accounting for 0.4507% of Russia's total exports (down from 0.9839% in the 1st quarter of 2015).

There were no Russia's imports from Iraq in the 1st quarter of 2016 (Iraq was Russia's 165th largest supplier in the 1st quarter of 2015, accounting for 0.00002% of Russia's total imports).

Russia's Exports to Iraq

The major share of Russian exports to Iraq in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

The largest declines in Russia's exports to Iraq in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $42,706,059;

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $12,427,754;

Russia's Imports from Iraq

The major share of Russian imports from Iraq in the 1st quarter of 2016 (and in the 1st quarter of 2015) was accounted for the following product types:

Machinery, equipment and vehicles (HS codes 84-90) - 0.00% of Russia's total imports from Iraq (58.39% in the 1st quarter of 2015).

The largest gains in Russia's imports from Iraq in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

No such product groups.

The largest declines in Russia's imports from Iraq in the 1st quarter of 2016 over the 1st quarter of 2015 were recorded for the following product groups:

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $3,367;